NEWS Weak Krone hinders growth at Norwegian

Low-cost carrier Norwegian has reported strong growth in all European markets in its third quarter results, with a capacity increase of 36 per cent and a load factor of 85 per cent. However, pre-tax profit stood at MNOK505, compared to MNOK604 the same quarter previous year. The costs associated with wet-leasing replacement aircraft and a weak Norwegian Krone significantly affected the figures.